Reasons to Leverage the Use of Virtual Reality for Data Visualization - A Quantzig Whitepaper

LONDON — (BUSINESS WIRE) — March 5, 2018 —
Quantzig, a global analytics solutions provider, has announced the
completion of their most recent whitepaper on the major
reasons
to leverage the use of virtual reality for data visualization. The
world is exploding with data. With the help of virtual reality
techniques, data scientists can observe and manipulate data and create
visual cues, so that one can cross-refer it instantly.

Reasons to leverage the use of virtual reality for data visualization (Graphic: Business Wire)

The data keeps observing exponential growth, the old ways of using
traditional graphs and pie charts have become outdated, and businesses
are looking for insights to communicate quickly and efficiently. This is
when the role of virtual reality comes into play. Virtual reality offers
a multi-dimensional data analysis that helps businesses understand not
only the subject but also the significance of the data. The
visualization of data plays a crucial role in breaking down the
intricacy of the data, thus, presenting more natural interactions with
the data. Quantzig has listed some of the major reasons to leverage the
use of virtual reality for data visualization.

According to the data visualization at
Quantzig,
“It is estimated that organizations are investing highly in developing
virtual reality applications to gain a more instinctive understanding of
data.”

Reasons to leverage the use of virtual reality
for data visualization:

Increases interactions – Analyzing and managing a significant
amount of data is a time consuming and difficult task. Virtual reality
can reach out and touch data by thoroughly engaging with the data
sets. It goes beyond traditional bar charts and helps users understand
the values more clearly.

Multi-dimensional data analysis – With the introduction of VR
into the data architecture, users can gain a multi-dimensional
analysis through data-audio relationships apart from visualizing data.
Data scientists can understand the importance, subject, and location
through the direction of the sound. Also, this help businesses to
process and sense data in distinct dimensions.

Increases Efficiency – Data scientists can determine hidden
patterns and trends and make the interactions more intuitive, with a
360-degree approach offered by virtual reality. VR is primarily
considered as the medium for entertainment and fusing this will help
unlock the capabilities of Big data across an array of applications.

Quantzig is a global analytics and advisory firm with offices in the US,
UK, Canada, China, and India. For more than 15 years, we have assisted
our clients across the globe with end-to-end data modeling capabilities
to leverage analytics for prudent decision making. Today, our firm
consists of 120+ clients, including 45 Fortune 500 companies. For more
information on all of Quantzig’s services and the solutions they have
provided to Fortune 500 clients across all industries, please contact us.